Consenting Parties Sample Clauses
The Consenting Parties clause defines which individuals or entities must provide their agreement or approval for certain actions or decisions under the contract. In practice, this clause specifies whose consent is required before proceeding with amendments, waivers, or other significant contractual changes, and may list specific parties or set out criteria for determining them. Its core function is to ensure that only authorized parties can influence key decisions, thereby preventing unauthorized changes and protecting the interests of all stakeholders involved.
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Consenting Parties. Notwithstanding anything to the contrary contained herein, the parties hereto acknowledge and agree that the Consenting Parties are executing this Agreement for convenience only and to comply with applicable law. The parties hereto acknowledge and agree that (i) the Consenting Parties shall have no obligations whatsoever with respect to this Agreement, and (ii) no portion of the Subject Property shall be burdened in any way whatsoever by this Agreement unless and until Owner purchases any portion of the Subject Property (at which time the portion of the Subject Property purchased by Owner shall be subject to the terms and conditions of this Agreement).
Consenting Parties. The Company signs this Agreement, recognizing all its terms, undertaking to comply with all of its provisions and, especially, to register this Agreement in the terms of and for the purposes specified in the Corporate Law. The Company undertakes promptly to advise the Stockholders of any act, event or omission that could result in violation of this Agreement, and to take the measures necessary to keep this Agreement in force, and efficacious. The Consenting Parties sign this Agreement, recognizing all its terms, undertaking to comply with all of its provisions, to the extent that they are applicable to them.
Consenting Parties. Voting Rights of Lessor Parties in Connection with Direction of the Agent.
(a) In accordance with Article XIV hereof and subject to Section 15.5 hereof, all actions taken by the Agent prior to the occurrence and continuance of an Event of Default, and all amendments, modifications, consents or approvals with respect to any Operative Documents, shall be taken solely at the direction of the Consenting Parties. The Lessee and the Guarantor shall be entitled to rely on all such actions by the Agent and amendments, modifications, consents and approvals entered into or provided by the Agent as authorized by the Consenting Parties without inquiry or investigation.
Consenting Parties. Premium (a) Where a Non-Consenting Party notifies the Operator that it will not participate in the Additional Joint Operations, the Operator shall notify the other Parties within 7 days of receipt of such notice. If any Party which voted for the program and budget containing the Additional Joint Operations then notifies the Operator within 7 days of receipt of the Operator's notice that it does not wish to participate in the Additional Joint Operations, the Party shall be deemed to be a Non-Consenting Party under this clause and thereafter shall not be responsible for any costs, risks or expenses attributable to the Additional Joint Operations. In this event, the remaining Parties will be given immediate notice of their projected re-adjusted contribution to costs, and have an extra 48 hours to advise Operator of their consenting or non-consenting status. Notwithstanding the above, such 7-day notice period shall be shortened to 48 hours if the Additional Joint Operations are currently in progress.
Consenting Parties. Each of the Consenting Parties jointly and severally represent and warrant to the Buyer and the Parent on the date hereof and on the Closing Date as follows:
Consenting Parties. Holders holding not less than sixty-six and two-thirds percent (66-2/3%) in aggregate principal amount of the Notes then outstanding (exclusive of Notes then owned by any one or more of the Company, any Subsidiaries and any affiliates) and the Company shall have duly authorized, executed and delivered this Amendment;
Consenting Parties. J▇▇▇▇ ▇. ▇▇▇▇▇▇▇, in his individual capacity as a Participant, Co-Participant, and/or Beneficiary under the Plan
Consenting Parties. Notwithstanding anything to the contrary contained herein, the parties hereto acknowledge and agree that: (i) the Consenting Parties shall have no obligations whatsoever with respect to this Rider, and (ii) no portion of the Subject Property shall be burdened in any way whatsoever by this Rider unless and until IRE purchases the Exchange Property at which time the Exchange Property purchased by IRE shall be subject to the terms and conditions of this Rider. [Signature Page Follows]